I-Sec maintains Hold on Bajaj Electricals, lowers target price to Rs 760 Jobbery Stock Market update

ICICI Securities maintains a ‘hold’ rating on Bajaj Electricals with a target price of Rs 760, down from Rs 900. Bajaj Electricals, a Mid Cap company in the Consumer Durables sector, reported a consolidated total income of Rs 1302.51 crore for Q3 FY24, a 14.91% QoQ increase, with a net profit of Rs 33.36 crore.